College Loan Corporation and Regent Form Strategic Alliance

FREDERICK, MD, (June 25, 2007) – Regent Education, the leading provider of financial aid management software solutions for higher education institutions, today announced the formation of a strategic alliance with College Loan Corporation. Regent and College Loan Corporation will offer financial aid management solutions that enable colleges and universities to maximize operational efficiencies and drive institutional performance outcomes.

As a top 10 Federal Family Education Loan Program provider, College Loan Corporation makes higher education possible through innovative loan products and industry-leading, first-class customer service. The company has helped more than 800,000 students and families finance college tuition.

“College Loan Corporation provides unparalleled service to its students, families and schools” said Michael Ratti, Regent’s CEO. “We share CLC’s commitment of providing our customers with strategically relevant, best of breed solutions that provide world class levels of service and innovation,” added Ratti.

Regent provides financial aid management solutions that empower the financial aid office to become a key stakeholder in driving institutional performance. Regent has been providing financial aid software solutions to the higher education market for almost 30 years.

“Accurate, efficient processing is paramount to a financial aid recipient’s customer experience,” said Joe Kakaty, president of school marketing at College Loan Corporation. “CLC is confident that the Regent solution is the preeminent financial aid management choice for schools.

About Regent

With more than 30 years of financial aid software experience, Regent has become an industry-leading provider of financial aid management software. Our web-based, easy-to-use solutions, interoperate with and enhance any student information system. The result: greater efficiencies, error reduction, and the enhancement of service provided to students - all equating to a positive, measurable Return on Investment (ROI) within the first year. Regent software automates and streamlines key financial aid processes, such as packaging, awarding, tracking, reporting and disbursements. Designed and built for the financial aid and enrollment management community, Regent enables institutions to execute their financial aid strategy, and enables the 21st century student to access information - anytime, anywhere, any device, in any language. Regent Education is located at: 47 E. South Street, Suite 201, Frederick, MD 21701. Telephone: (800) 639-0927. Web site: www.regenteducation.com.

About College Loan Corporation

College Loan Corporation (CLC), headquartered in San Diego, is a top 10 student loan provider, managing more than $10 billion in student loan assets. By offering innovative loan products and industry-leading customer service, the Company has helped make higher education possible for more than 800,000 students and families. CLC is the proud winner of the 2006 Torch Award for Marketplace Ethics, awarded by the Better Business Bureau of San Diego County. More than 900 colleges and universities have designated College Loan Corporation as a preferred lender. CLC’s student loan hotline offers expert loan consultants 24 hours a day, 7 days a week at 1.800.2COLLEGESM. For more information, visit www.collegeloan.com.